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Credit Card E-Filing Fees Capped In California

PYMNTS

The high fees charged by private firms that are hired by the courts to operate e-filing systems and that are often passed onto consumers who pay with a credit card have been capped by a bill approved by California Governor Jerry Brown on Sept. Convenience fees charged by Tyler range from 2.75 percent to 3.5 There were 7.5

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As Amazon’s Market Cap Takes Hit, Bright Spots Emerge

PYMNTS

An MKM analyst said in a research note to clients that AWS may be worth $1 trillion in six years – that would be larger than Amazon’s market cap, which currently stands at $929 billion. Now, though, discussions about Amazon and its market cap are — for the time being, at least — a more subdued affair. percent share in 2014 to the 6.4

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Wells Fargo Seeks Bidders For Private-Label Credit Card Unit

PYMNTS

In 2014, then-CFO John Shrewsberry told investors at a conference that the bank was looking to add to its private-label credit card business. We won’t be expanding the size of our balance sheet for any reason, because we’re operating with an asset cap,” Shrewsberry explained to reporters during the earnings call.

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Bolt Nets $75 Million In Funding Round For eCommerce Innovation

PYMNTS

Checkout platform Bolt has closed a funding round with $75 million, capping a year where it processed $1 billion in transactions, according to a report by Venture Beat. Bolt was founded in 2014 in San Francisco and works on tools to streamline web transactions. The round saw the company's valuation hit over $215 million.

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Speculating On XRP Speculation: Bad Trade Or Bad Blood?

PYMNTS

All told, about $9 billion has been wiped off XRP’s market cap in the last few sessions. Forbes reported early this month that in 2014, McCaleb “became disgruntled and departed, ’forking,’ or copying, XRP’s code to start rival venture Stellar.”. That would come on top of xCurrent-focused partnerships with companies such as Santander.

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Infographic: Microsoft’s Biggest Acquisitions

CB Insights

Nokia’s Devices & Services Business ($7.2B, 2014) was acquired by Microsoft in 2014 — though Microsoft wrote off the deal less than 2 years later, declaring the experiment a failure and signaling a restructuring of its phone business. Microsoft has spent over $63B for its top 10 deals (roughly 7% of its current market cap ).

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Analyst: Tesla Should Have Sold To Apple For $240/Share

PYMNTS

In 2014, the San Francisco Chronicle even reported that Tesla’s Elon Musk met with Apple’s head of mergers and acquisitions, and might have even discussed a possible deal with Apple CEO Tim Cook. Tesla’s current market cap is at about $36 billion, while the most Apple has paid is $3 billion for Beats Electronics in 2014.

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